Results 3,081-3,100 of 27,019 for speaker:Michael Noonan

Written Answers — Mortgage Lending: Mortgage Lending (4 Oct 2011)

Michael Noonan: The decision on whether or not to grant a mortgage to a borrower must remain a commercial decision for the lending institution concerned. It is important that each lending institution is allowed to assess properly and independently the risks that it is considering when deciding whether or not to approve a mortgage. Mortgage lending must fully comply with the regulatory requirements both in...

Written Answers — Non-Resident Companies: Non-Resident Companies (4 Oct 2011)

Michael Noonan: It is not possible to answer the Deputy's question because the circumstances of the case are not clear from the information provided. My officials will try to clarify the matter if the Deputy contacts my office with further details.

Written Answers — State Banking Sector: State Banking Sector (4 Oct 2011)

Michael Noonan: Anglo Irish Bank has not recovered any principal monies owed to it by the Quinn Group. However, some recovery of value across the Quinn Group is expected to materialise over time. The companies across the group are in a distressed state, have considerable debt and guarantee burdens and require time and improved market conditions to stabilise before recovery can take place. With regard to the...

Written Answers — Vehicle Registration Tax: Vehicle Registration Tax (4 Oct 2011)

Michael Noonan: I am informed by the Revenue Commissioners that the individual does not, in their view, qualify for an exemption of vehicle registration tax (VRT) under Section 134 (1)(c) of the Finance Act 1992 and accordingly remission of VRT was refused. Section 134 (1) (c) provides for an exemption from payment of VRT in relation to a vehicle where that vehicle is the personal property of a deceased...

Written Answers — Departmental Expenditure: Departmental Expenditure (4 Oct 2011)

Michael Noonan: The table below sets out the list of suppliers to my Department, of professional services, where professional service withholding tax has been applied and the invoice value of each, in the past twelve months. Supplier Name Invoice Amount€ A&L Goodbody 2,823.00 Core International 1,131.25 Charles Rivers Assoc 50,000.00 Baseline Creative Services 5,500.66 KR Economics 38,286.51...

Written Answers — Jobs Initiative: Jobs Initiative (4 Oct 2011)

Michael Noonan: I propose to take Questions Nos. 157 and 158 together. The intention of the Jobs Initiative 2011 is to focus our now more limited resources on measures that offer the greatest potential for expansion and employment creation in the domestic economy. The aim is to target key sectors of the economy that can assist in getting people back to work, providing opportunities for those who have lost...

Written Answers — Ministerial Staff: Ministerial Staff (4 Oct 2011)

Michael Noonan: Since my appointment as Minister for Finance on 9 March 2011, the following staff have been appointed to my constituency office: GRADE SALARY SCALE (per annum) 1 Personal Assistant €43,715 - €56,060 1 Executive Officer (EO) €30,516 - €47,975 1 Clerical Officer (CO) €23,177 - €37,341 1 Clerical Officer (CO) €23,042 - €36,267 No travel and subsistence costs were incurred...

Written Answers — EU Budget: EU Budget (4 Oct 2011)

Michael Noonan: I propose to take Questions Nos. 160 and 161 together. I assume that the Deputy is referring to the next Multi-Annual Financial Framework (MFF) for the EU Budget 2014-2020, proposals for which were presented by the European Commission to the Council of Ministers and the European Parliament on 29 June 2011. The negotiations on these proposals will decide on the maximum level of EU budget...

Written Answers — Banking Sector Regulation: Banking Sector Regulation (4 Oct 2011)

Michael Noonan: As Minister for Finance I have ongoing contacts with other Ministers for Finance and various leaders across Europe and beyond on a range of matters including issues concerning financial markets. These contacts on occasion include Heads of Government. I have no specific plans at this point to contact Heads of State or Government regarding the issue of bank bondholders in the next three months.

Written Answers — Expenditure Reviews: Expenditure Reviews (4 Oct 2011)

Michael Noonan: I propose to take Questions Nos. 163, 164, 168, 171 and 184 together. I personally met with the EU-IMF delegation during the combined first and second quarterly review of the EU / IMF Programme of Financial Support for Ireland on the 12th and 15th April 2011 and more recently during the third quarterly review on 8th and 14th July 2011. These meetings were also attended by my colleague, the...

Written Answers — Departmental Agencies: Departmental Agencies (4 Oct 2011)

Michael Noonan: As I have previously stated, it is my intention to examine the approach to remuneration in the National Treasury Management Agency (NTMA) in more detail in the coming months following consultation with my colleague, the Minister for Public Expenditure and Reform. I have also sought the views of the NTMA and of the NTMA Advisory Committee in this regard. In the meantime, I would point out...

Written Answers — Economic Policy: Economic Policy (4 Oct 2011)

Michael Noonan: In relation to the tabling of papers for the consideration by Heads of State or Government, this would be a matter for the Taoiseach. In this regard, I will point out that the Taoiseach is in regular contact with his European counterparts on a wide range of issues. Having said this, I would point out that my fellow European Finance Ministers and I regularly discuss at Eurogroup and Ecofin...

Written Answers — Fiscal Advisory Council: Fiscal Advisory Council (4 Oct 2011)

Michael Noonan: The Departments of Finance and Public Expenditure and Reform jointly published a discussion document entitled Reforming Ireland's Budgetary Framework earlier this year. At the end of May, the Departments of Finance and Public Expenditure and Reform jointly hosted a seminar on the issue of reforming Ireland's budgetary framework. The seminar was intended to allow for discussion and debate...

Written Answers — Expenditure Reviews: Expenditure Reviews (4 Oct 2011)

Michael Noonan: I propose to take Questions Nos. 169 and 185 together. I presume the Deputies are referring to the third review of the EU / IMF Programme of Financial Support for Ireland which took place from 6th to 14th July 2011. I met with the EU-IMF delegation during the third quarterly review on 8th and 14th July 2011. These meetings were also attended by my colleague, the Minister for Public...

Written Answers — European Court of Auditors: European Court of Auditors (4 Oct 2011)

Michael Noonan: Ireland's nomination to the European Court of Auditors is under active consideration at present.

Written Answers — Tax Code: Tax Code (4 Oct 2011)

Michael Noonan: I am advised by Revenue that the company concerned has a significant tax debt. Revenue has worked with the company over the last 18 months to alleviate cash flow pressures that gave rise to tax payment delays. The company concerned has failed to put the payment of tax debts as they arise on a timely footing, despite being put on notice by Revenue of the importance of doing so. I am advised...

Written Answers — Banking Sector: Banking Sector (4 Oct 2011)

Michael Noonan: As I mentioned in my appearance before the Joint Committee on Finance, Public Expenditure and Reform on 1 September last, I am aware that contagion of the property collapse spread beyond the property and construction industries and into small businesses that took the decision to invest their profits in property. Notwithstanding the fact that some SMEs may have engaged in property speculation...

Written Answers — Tax Code: Tax Code (4 Oct 2011)

Michael Noonan: It has not proved possible to provide a detailed reply on this matter within the timeframe for answering Parliamentary Questions. Accordingly, the Deputy will be contacted directly on this issue at an early date.

Written Answers — Banking Sector Staff: Banking Sector Staff (4 Oct 2011)

Michael Noonan: I am informed by AIB that gross new external hires in 2010 were 471 and in 2011 to date are 769. These figures are in respect of the bank overall across all geographies. On a net basis (including terminations and departures) the number of employees at the bank declined by 492 in 2010 and has fallen by 205 in 2011 year to date. Additionally, AIB and officials from my Department have been...

Written Answers — An Post Savings Products: An Post Savings Products (4 Oct 2011)

Michael Noonan: All State Savings money is placed directly with the Irish Government and repayment of all State Savings money, which includes principal, interest and bonus payments if due (or, in respect of Prize Bonds, cash prizes), is a direct, unconditional obligation of the Government of Ireland. Ireland State Savings is the brand name used by the National Treasury Management Agency (NTMA) to describe...